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For a sample of 48 finance majors, the average time spent reading each issue of the campus newspaper is 19.7 minutes, with a standard deviation of 7.3 minutes. The corresponding figures for a sample of 40 management information systems majors are 16.3 and 4.1 minutes. Using the 0.01 level of significance, test the null hypoth- esis that the population means are equal. Using the appro- priate statistical table, what is the approximate p-value for this test? Construct and interpret the 99% confidence interval for the difference between the population means.
A test consists of multiple-choice questions, each having four possible answers (a,b,c,d) one of which is correct. Assuming that you guess the answers to six such questions.
The standard deviation was $6050. Is there evidence at the 1% significance level that the cost of attendance has increased? State the hypothesis?
Are stock splits beneficial to stockholders? SNL Securities studied stock splits in the banking industry over an 18-month period and found that stock splits tended to increase the value of an individual stock holding.
The length of time to do a complete full service oil change at Speedy-Lube is normally distributed with a mean of 15.8 minutes and a standard deviation of 2.2 minutes
The Johnson family uses a propane tank for cooking on their gas grill. During the summer they need to replace their tank on average every 30 days.
consider two independent random variables xsub1 and xsub2 having the same cauchy distributionfx1pie1x2 for negative
The graduate selected will be a male who is not a member of a sports team? What is the probability that the graduate will be either a female or a member of a sports team?
question a bag contains a total of 20 batteries of which six are defective. selecting two at random without replacement
the following sales data are available for 2003-2008.year demand2003 72004 122005 142006 202007 162008 25determine a
in this section you will carry out the following basic estimation and tests of differences using the provided
Is there good evidence that treatment of staph-positive patients before surgery reduces the rate of post-surgical staph infection?
If the manufacturer guarantees the terminals for 3 years (and will replace them if they malfunction), what percentage of terminals will be replaced?
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